Chief Credit

1 week ago


Bengaluru, Karnataka, India Databricks Full time

About the Role

Databricks is a leader in cloud-based data analytics, and we're seeking an experienced Chief Credit & Collections Strategist to join our team. This role will play a critical part in driving operational excellence and process improvement within our credit and collections functions.

Job Description

The successful candidate will be responsible for establishing, leading development, and enforcing corporate credit & collections policies/procedures to mitigate risk and ensure timely payment from customers. They will collaborate cross-functionally to design and implement new processes and automation to support the credit & collections functions.

Key Responsibilities

  • Assess credit risk for new and existing customers, including reviewing financial statements, credit reports, and payment histories
  • Monitor customer accounts receivable balances and proactively connect with customers to resolve payment issues and disputes
  • Collaborate with Sales/Deal Desk/Customer Success to evaluate creditworthiness of potential customers and establish appropriate credit limits
  • Ensure appropriate credit & collections management internal controls are in place and operating effectively to ensure SOX compliance
  • Generate and maintain detailed documentation of policies and processes and assist with process improvement, automation initiatives, training as they arise
  • Design, implement, and manage efficient, scalable customer payment collection procedures to minimize bad debt and mitigate risks
  • Manage collections escalations from internal and external stakeholders in a timely manner while upholding and maintaining the interests of the company
  • Review delinquent accounts regularly with team members and prepare monthly reports on high-risk accounts for management team
  • Participate in the month-end close process, including AR write-off analysis and account reconciliations

What We Offer

We offer a competitive salary of $120,000 - $160,000 per year, depending on experience, plus additional benefits such as health insurance, retirement plan, and generous paid time off. The estimated annual salary range is based on industry standards and may vary based on factors such as location and qualifications.



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